Seller's Agent in 2021
Albert Babayan
JohnHart Real Estate
(818) 246-1099
5 in this area
140 Total Sales
4031 Ramsdell Ave La Crescenta, CA 91214
Estimated Value: $3,310,522 - $3,876,000
10
Beds
10
Baths
6,297
Sq Ft
$571/Sq Ft
Est. Value
Highlights
- Dumbwaiter
- Traditional Architecture
- Side by Side Parking
- La Crescenta Elementary School Rated A-
- No HOA
- Living Room
About This Home
As of March 2021Incredible income property opportunity located in the coveted city of La Crescenta! Totaling 5 units, each equipped with 2-bedrooms and 2-bathrooms, this property resides on a 10,645-sqft lot in a wonderful neighborhood. Each bright and spacious unit includes a great floorplan with beautiful flooring, baseboard moldings, plenty of built-in storage features, Central AC, and updated kitchens plus bathrooms. Kitchens are modernly designed with sleek countertops, an embellished backsplash, and stainless-steel appliances. Each unit are provided with washer/dryer units and are supplied with 2 side-by side parking spaces in the attached parking areas. Centrally located near many popular shops, dining, and local business along both Foothill Blvd and Verdugo Blvd, public transportation, local hiking trails and parks, as well as easy access to the 210 freeways!
Last Agent to Sell the Property
JohnHart Real Estate License #01012033 Listed on: 12/29/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,045
Year Built
- Built in 1963 | Remodeled
Lot Details
- 10,645 Sq Ft Lot
- 1 Common Wall
Home Design
- Traditional Architecture
- Property Attached
Interior Spaces
- 6,297 Sq Ft Home
- Living Room
- Storage
- Laundry Room
- Laminate Flooring
Kitchen
- Dumbwaiter
- Gas Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Parking
- 10 Parking Spaces
- Parking Available
- Side by Side Parking
Utilities
- Central Air
- Septic Type Unknown
Listing and Financial Details
- Assessor Parcel Number 5610008028
Community Details
Overview
- No Home Owners Association
- 5 Units
- Not Applicable 105 Subdivision
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $50
- Insurance Expense $200
- Other Expense $150
- Trash Expense $50
- Water Sewer Expense $400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2018
Sold by
K & S Property Investments Llc
Bought by
Arzoumanian Arineh
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,578,000
Outstanding Balance
$1,346,313
Interest Rate
4.38%
Mortgage Type
Commercial
Estimated Equity
$2,246,948
Purchase Details
Closed on
Dec 23, 2015
Sold by
Mnj Key Corporation
Bought by
K & S Property Invesments Llc and Singnature Property Services Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,325,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 17, 2014
Sold by
Vanorden David A and Wetzel Edward P
Bought by
Mnj Key Corporation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,000
Interest Rate
4.12%
Mortgage Type
Commercial
Purchase Details
Closed on
May 6, 2014
Sold by
Piscitello Robert B and Piscitello Family Trust
Bought by
Orden David A and Wetzel Edward P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,000
Interest Rate
4.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 26, 2010
Sold by
Frame Gregory Hall and Frame Gillan Abrecrombie
Bought by
G & G Development Llc
Purchase Details
Closed on
Sep 5, 2007
Sold by
Piscitello Beverly M
Bought by
Piscitello Robert B and Piscitello Beverly M
Purchase Details
Closed on
Aug 15, 2005
Sold by
Frame Gregory H and Abercrombie Gillan G
Bought by
Frame Gregory Hall and Frame Gillan Abercrombie
Purchase Details
Closed on
Apr 21, 2004
Sold by
Kobeissi Hala
Bought by
Frame Gregory H and Abercrombie Gillan G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 13, 2003
Sold by
Lee In Kyung
Bought by
Kobeissi Hala
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,754
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 2001
Sold by
Lee Bong Kyun
Bought by
Lee In Kyung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.05%
Purchase Details
Closed on
Aug 7, 2001
Sold by
Morad
Bought by
Lee In Kyung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.05%
Purchase Details
Closed on
Jul 24, 1997
Sold by
James O Miller Trust and Paul
Bought by
Morad
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arzoumanian Arineh | $2,630,000 | Chicago Title Company | |
| K & S Property Invesments Llc | $2,400,000 | Provident Title Company | |
| Mnj Key Corporation | $1,420,000 | North American Title Co | |
| Orden David A | -- | None Available | |
| G & G Development Llc | -- | None Available | |
| Piscitello Robert B | -- | None Available | |
| Frame Gregory Hall | -- | -- | |
| Frame Gregory H | $599,000 | Chicago Title Co | |
| Kobeissi Hala | $519,000 | Chicago Title Co | |
| Lee In Kyung | -- | Gateway Title Company | |
| Lee In Kyung | $246,000 | Gateway Title Company | |
| Morad | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arzoumanian Arineh | $1,578,000 | |
| Previous Owner | K & S Property Invesments Llc | $1,325,000 | |
| Previous Owner | Mnj Key Corporation | $931,000 | |
| Previous Owner | Frame Gregory H | $249,000 | |
| Previous Owner | Kobeissi Hala | $256,754 | |
| Previous Owner | Lee In Kyung | $120,000 | |
| Closed | Kobeissi Hala | $250,000 | |
| Closed | Frame Gregory H | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2021 03/26/21 | Sold | $2,600,000 | 0.0% | $413 / Sq Ft |
| 02/04/2021 02/04/21 | Off Market | $2,600,000 | -- | -- |
| 12/29/2020 12/29/20 | For Sale | $2,650,000 | 0.0% | $421 / Sq Ft |
| 07/01/2018 07/01/18 | Rented | $2,800 | 0.0% | -- |
| 07/01/2018 07/01/18 | Under Contract | -- | -- | -- |
| 05/06/2018 05/06/18 | For Rent | $2,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $31,045 | $2,814,321 | $2,056,620 | $757,701 |
| 2024 | $31,045 | $2,759,140 | $2,016,295 | $742,845 |
| 2023 | $30,347 | $2,705,040 | $1,976,760 | $728,280 |
| 2022 | $29,831 | $2,652,000 | $1,938,000 | $714,000 |
| 2021 | $31,109 | $2,764,599 | $1,892,121 | $872,478 |
| 2020 | $30,670 | $2,736,252 | $1,872,720 | $863,532 |
| 2019 | $29,931 | $2,682,600 | $1,836,000 | $846,600 |
| 2018 | $27,987 | $2,496,960 | $1,456,560 | $1,040,400 |
| 2016 | $26,676 | $2,400,000 | $1,400,000 | $1,000,000 |
| 2015 | $15,986 | $1,420,000 | $850,000 | $570,000 |
| 2014 | -- | $172,164 | $35,378 | $136,786 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Babayan
-
Roubina Zargarian
R
Seller Co-Listing Agent in 2021
Roubina Zargarian
JohnHart Real Estate
(818) 246-1099
4 in this area
117 Total Sales
-
Sean Madadian
Buyer's Agent in 2021
Sean Madadian
Magic Realty
(818) 240-8080
1 in this area
35 Total Sales
-
S
Seller's Agent in 2018
Seroj Mesropian
No Firm Affiliation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 320004442
APN: 5610-008-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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